I am very perturbed by the authoritarian way the program is managed currently, it feels like landlords are being purposefully ignored because we are profiting from the relationship (lets face it, everyone is...it's called business.

There's potentially a domino effect in the event of an unforeseen major expense exceeding my reserves (mainly thinking in terms of natural disasters) affecting my whole portfolio.  

Those who are here for a specific purpose like finding deals or raising money typically struggle because the more people you help, the more people are willing to help you.  

Business Journal (BizJournals) is the main one I read, but you can find others. bizjournals post about the new developments and changes in the city.

I didn’t know about the chip plant, I will look in to that.are those places close enough to Dallas to be affected by the city and its real estate or is it mainly because of the job growth in the area? 

One of the main benefits of participating in the Section 8 program is knowing that the rent will be paid each month (or at least the Housing Authority portion of it) - Now that's gone. 

the success or failure of every single step of every single project is on you.I've mainly been targeting off market properties through wholesalers.

All this fancy mumbo fha guideline gumbo means is that your projected market rents assuming all units, if it were rented Times 75% need to be greater than what your monthly payment is  (PITIA = principal/interest/taxes/insurance/assessments monthly), other wise FHA will not lend at that loan amount so common solutions to this when rents are too low in your local market are to put more money down payment which defeats the whole purpose of low 3.5% down FHA doesnt it?

The main reason I'm asking this, is to understand how much cash I need to save up in reserves before pulling the trigger on a deal like this?

I have been sniffing this for a while as well, but more on Main Stree mixed-use.